Job loss can be a daunting and challenging experience that shakes the very foundation of our lives. It can be an emotionally taxing experience that affects countless individuals at some point in their lives. The effects of job loss go beyond financial strain; it can lead to feelings of self-doubt and anxiety.
Whether it’s due to company restructuring, economic downturns, or mergers and acquisitions, losing a job can leave us feeling defeated and uncertain about the future. However, it’s essential to remember that in every setback lies an opportunity for growth and transformation. By embracing a positive mindset and taking proactive steps, we can overcome job loss and emerge even stronger than before.
I know firsthand, having experienced being let go from three different sectors. The first time was devasting. The second one was easier, and I recognized the third as a full-on opportunity to pursue my purpose and do work that is driven by my passion and fulfills my soul. Why did it get easier? Because I embraced a growth mindset, recognized what I could control, and set about finding my next opportunity with intention. The strategies below helped me achieve my goals, move beyond being let go, and find the best path forward at the time. My hope is that these actions can help you as well.
Allow Yourself to Grieve
Losing a job can be a profound loss, and it’s okay to grieve. It’s crucial to allow yourself to feel and process the emotions that arise. Give yourself the space to process your emotions and acknowledge the feelings of disappointment, frustration, and fear that can come with it. Reach out to family, friends, or a support group to share your experiences and feelings. Remember, vulnerability is not a sign of weakness, but a testament to your strength as you confront your emotions head-on. Embrace the change as a chance to reassess your goals and passions, allowing you to forge a new and fulfilling path ahead.
Reframe Your Perspective and Your Self-Worth
Instead of viewing job loss as a defeat, see it as an opportunity for growth and reinvention. A closed door can lead to new pathways and adventures you might not have considered before. Each let go led me in a completely new direction and position that was more fulfilling than the one I left.
Take this time to reassess your values, skills, and passions. What truly excites you? What are your long-term career goals? By reframing your perspective, you can uncover new directions that align better with your true self.
It’s natural to tie our self-worth to our professional identities, but losing a job doesn’t diminish your value as a person. Remind yourself that your worth is not solely defined by your job title or salary. Recognize the unique qualities and skills you possess and envision the positive impact you can have in various aspects of life.
Assess and Strengthen Your Skills and Embrace Lifelong Learning
In a rapidly evolving world, continuous learning is essential to stay relevant and adaptable. During your time off, focus on honing your skills and knowledge in areas that interest you or are in demand in the job market. Consider taking online courses, attending workshops, or obtaining certifications. Completing the graduate program in Executive Coaching not only enhanced my coaching experience but filled in the knowledge gaps and gave me a credential that gave me the confidence and competencies in what I’m doing now, an entrepreneur running two successful companies. Investing in self-improvement will not only enhance your resume but also boost your own confidence as you become more skilled in your chosen field.
Set Clear Goals and Create a Plan
Thriving after job loss requires a clear direction and a well-thought-out plan. Define your short-term and long-term goals, both personally and professionally. What do you want to achieve in your career? What skills do you want to develop? Break down these goals into actionable steps, creating a roadmap that will lead you toward success.
When I lost my last job, the first thing I did was buy a new journal. The cover said, “Always Colour Outside the Lines”. This spoke to me as I planned to do something completely different with my professional life. I keep this journal handy as a reminder of my vision and goals. When I read through the plans, notes, and strategies I recorded back in January 2020, I’m reminded that the process helped me gain clarity on what I really wanted to do. Everything I wrote down came to be. You simply need to believe in yourself, even when the conflicting voice in your head says otherwise.
Seek Support and Leverage Your Network
Your professional network can be a powerful asset during a job search. Reach out to former colleagues, mentors, and friends to let them know about your situation and interests. Don’t shy away from asking for help or advice. You never know who might be able to offer guidance or recommend you for a role. Networking can open doors to new opportunities and provide valuable insights into the job market. Attend networking events, participate in online forums, and stay engaged with industry trends.
I’ll note that this was my most powerful strategy. How do you stay connected with your people? I always try to come from a place of service – what can I do to help you? When I showed up with vulnerability about what happened to me and what I was looking for going forward, my community stepped up in ways I never expected. I’m forever grateful.
Cultivate Resilience
Thriving after job loss requires resilience—the ability to bounce back from setbacks and keep moving forward. Cultivate resilience by maintaining a positive attitude and focusing on solutions rather than dwelling on problems. Remember that setbacks are temporary and serve as learning experiences that will shape your future success.
If you find your cup overflowing and your resilience low, experiment with ways to strengthen your ability to bounce back. During that first job loss, I didn’t have the tools or insight into how to effectively deal with the loss. My ability to bounce back was limited and it affected me for months. I now know how what my mind, body, and soul need to recover. Find what works for you.
Embrace the Gig Economy and Freelancing
The modern workforce is witnessing a rise in gig opportunities and freelancing. Embrace this flexible work culture to showcase your skills, build a diverse portfolio, and earn an income while searching for permanent employment. Freelancing can also expose you to new industries and connections that might lead to unexpected career paths. You may find the consulting path so fulfilling, financially and otherwise, that gaining permanent employment may not appeal to you anymore. That’s my story now.
Pursue Your Passions
Often, job loss provides the opportunity to explore passions that were previously relegated to the backburner. Use this time to engage in hobbies, volunteer work, or side projects that bring you joy. Pursuing your passions not only adds meaning to your life but can also lead to new avenues for personal and professional growth.
You may realize that your passions can create your new career. When I was dismissed from my last job, I evaluated what aspects of the job I was most passionate about and what elements I would be happy never doing again. Focussing on what brings joy to my soul has led to doing that fulltime.
Stay Positive and Persistent
Job searching can be a daunting process, and it’s natural to face rejection along the way. But remember, every “no” brings you closer to a “yes.” Stay positive and persistent in your efforts. Trust the process. Celebrate small victories, like landing an interview or receiving positive feedback. Use any setbacks as opportunities to learn and improve your approach. Above all, try not to take a “no” personally. Lean into the fact that you did your best, perhaps this wasn’t the right role for you, and be persistent in your search of finding the right fit. It will come.
Take Care of Your Well-being
Amidst the job search, prioritize self-care. Job loss can lead to stress and anxiety, so make time for activities that relax and rejuvenate you. Exercise regularly, meditate, or engage in hobbies that bring you joy. Taking care of your well-being will keep you mentally and physically strong, enabling you to tackle challenges more effectively. A healthy mind and body are essential for facing challenges with clarity and resilience. Read inspiring books, listen to podcasts that can increase your confidence, and fill your mind with what serves you.
In closing, job loss can be a transformative experience, unlocking opportunities for growth, and self-discovery. By acknowledging your emotions, redefining your self-worth, and setting clear goals, you can navigate the aftermath of job loss with resilience and optimism. Embrace change as an invitation to unleash your potential and remember that thriving after job loss is not only possible but a testament to your strength and adaptability. Above all, remember, getting let go may be challenging, but with perseverance and a growth mindset, you can come out stronger, more confident, and see the life changing experience as a path to thriving in exactly what you were meant to do.
Have you experienced job loss and are struggling to cope?
I can help. Reach out!